EQTEC plc (LON: EQT) CEO Ian Price joins DirectorsTalk to explain why its receiving significantly increased interest in its EQTEC Gasifier Technology. Ian also expands on the advanced talks with a major business group in Spain, how having a greater control over involved projects is developing and provides more information about the work being undertaken with Phoenix Energy.
EQTEC’s business model involves sourcing and providing assistance in developing waste elimination projects to which it will ultimately sell its EQTEC Gasifier Technology (“EGT”) and O&M services. EGT enables project developers to construct waste elimination plants and recover electrical and thermal energy from the waste streams.
EQTEC plc sources projects that have a local supply of waste in need of elimination and conversion. It builds relationships and brings together the developers, the waste owners, the building contractors and funders. It then supplies the energy recovery technology and provides engineering services to the projects. Furthermore, EQTEC will provide O&M services to the operating projects generating recurring revenues over the life of the projects.